Low-built £11.95 million Belgravia residence created by merging two properties into one is illustrative of how the total housing stock in the city’s most elite areas is being depleted
Despite there being more and more demand for housing in London from the city’s ever growing population, in areas such as Kensington, Chelsea and Belgravia the super rich are increasingly reducing the housing stock by buying up neighbouring properties to make their homes bigger.
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In Glebe Place, off the Kings Road, the multi-millionaire owner of Monsoon and Accessorize, Peter Simon, took such activity to unprecedented levels when he announced plans to combine five houses into one earlier this year but here we feature an example that is more typical in the form of Henley House in South Eaton Place. It is currently for sale for the not so insignificant sum of £11.95 million ($18.1 million, €16.6 million).
Grade II listed and redeveloped by a firm named Copper Beech Design, Henley House consists of a merger of what was 1a South Eaton Place and 61 Eaton Mews West. It now comprises of 2 reception rooms, 4 bedrooms and 4 bathrooms and also benefits from a gym, steam room, roof terrace and two mews parking spaces. Naturally in order to maximise their return, the developer has added a basement conversion and there is also air conditioning, comfort cooling and underfloor heating.
Listed for sale in September 2014 on RightMove, Henley House is now for sale through Wellbelove Quested on a freehold basis.
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7 comments
And there is another much crueler example of the depletion of housing stock and in this case it involves an frail, 89 year old retired Gurkha major living in one of several flats in a Lexham Gardens house.
After a succession of previous owners deliberately dilapidating the property the new owners have decided they want to kick out the dear old man.
The Italian lady( I use that advisedly) has said she want it as a family house so bang goes several flats so Mrs Pepere can indulge herself. Another example of rich foreigners using London as a money store.
Why do all these renovations leave all the rooms looking like characterless white boxes? Where is the architecture, design, and real style?
T
Peter
Think of these rich foreigners as a sort of human shield à la Saddam Hussein
These powerful folk will use any means at their disposal to avoid terrorists bombing the Jimmy Carr out of London
Girls – boys even – hotels – restaurants – night clubs – horses – polo – tailors – dress makers – couture – Bond Street – Knightsbrige – retail everything – it may not be perfect; nothing is
Knightsbridge
Matthew
Have you seen the Miller’s attack on bloated charities.
You have a point, Martin, but the sad thing is that it is always the ordinary, hard working Londoners who bear the brunt of terrorist attacks as they are easy meat.
Chelsea is an example of how what was once a vibrant community, encompassing a chunk of social housing, has become antiseptic. Rather like the designs of the homes they live in, as Susana rightly points out.
Now Sutton Dwellings is about to be destroyed so that buy to leave flats can be built.
Does anyone know Filthy ‘Lucre’ Luca Pepere?
Hr and his wife are behaving so badly and trying to kick out an 89 year old war hero just so she can convert to a single home. They have behaved appallingly and to quote Yolanda….should not be in ‘polite society’
http://www.standard.co.uk/news/london/gurkha-veteran-fights-eviction-order-from-his-hospital-bed-a3137241.html